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Touchstone Exploration Inc T.TXP

Alternate Symbol(s):  PBEGF

Touchstone Exploration Inc. is a Canada-based company engaged in the business of acquiring interests in petroleum and natural gas rights and the exploration, development, production and sale of petroleum and natural gas. The Company is active in onshore properties located in the Republic of Trinidad and Tobago. It operates Trinidad-based upstream petroleum and natural gas activities under state exploration and production licenses with the Trinidad and Tobago Ministry of Energy and Energy Industries (MEEI), Lease Operatorship Agreements (LOAs) with Heritage Petroleum Company Limited and private subsurface and surface leases with individual landowners. Its main exploration focus is the Ortoire exploration block. The Ortoire exploration block covers about 44,731 gross acres on the east side of Trinidad. Its other exploration prospects include Royston, Coho, Cascadura, and Chinook. The Royston location is targeting a deep gas prospect with an estimated target depth of about 11,500 feet.


TSX:TXP - Post by User

Comment by stanleyon Mar 25, 2024 3:53pm
132 Views
Post# 35951445

RE:PB Discusses Transformational 2023 and the Road Ahead

RE:PB Discusses Transformational 2023 and the Road AheadLurk & Learn:

Always welcome the thumbs up by the new "learner", when we talk about "uglification" we might come to expect Canada Stockwatch choice of "headline" for SW articles to be dissimiliar to the ones used by (say) Proactive.

Choosing to characterise a writedown of surplus expendetures beyond their useful tax utilization. e.g.

"Excluding net impairment expenses recognized in each period, fourth quarter net earnings were $7,662,000 ($0.03 per basic and diluted share) and annual 2023 net earnings were $8,347,000 ($0.04 per basic and diluted share).

Choosing instead to display a headline, "
Touchstone loses $20.59-million (U.S.) in 2023".  

BWDIK? Sometimes in a "takeunder" an entity might be working overtime to discourage new investor interest. Why some even speculate that in order to get a control position, certain brokers might be working with others for "future considerations"

GLTAL GLAP Caveayt Emptor
Cheers
Stanley


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